MyCC Warned Nursery And Nanny Association

2016,
Malaysia,
Anticompetitive Agreeement

Malaysia Competition Commission (MyCC) has warned Nursery and Nanny Association including their members in relations to fixing of scale fees collectively and refuses to independently determine their scale of fees. This is because fixing scale of fees contravenes Section 4 of Competition Act 2010 (CA 2010).

Section 4 of the CA 2010 prohibits enterprise to fix, directly or indirectly, a purchase or selling price or any other trading conditions for goods and service. If an enterprise was found infringing the law, MyCC may impose a financial penalty up to 10% of the worldwide turnover for each enterprise over the period of the infringement, or impose any other direction that it considers appropriate.